it's really just a story of picking the companies that are able to perform in this environment. i think that's what's going to get you through. >> i would suggest that the whole market is priced for perfection at this point. >> what's priced for perfection? if you're talking about a p.e. of 13, 14, is that overvalue? >> i think you have to go back to, you know, what i've said, is that e., you have to be very careful at how you look at that e., that earnings number. that earnings number is based on what i believe is a false earnings number, on rates that are far too low. i think you're going to start to see some of that drift up. and you're going to see, i think, we're going to realize in retrospect that this market is not as cheap as it looks, and just at 13 by itself, you cannot look at that number in a vacuum, that we do have a swaluativalua problem there. >> gentleman, thank you very much. we'll be watching. next week will be a big week. >>> up next, nowhere to hide. a new internet sales tax could be on the way. we'll take you live to washington and get the latest development